About 3evi
3evi is a company based in Bengaluru (India) founded in 2019 by Suman K Mishra and Peter Hartmut Voelkner.. 3evi has raised $39.51 million across 9 funding rounds from investors including Mahanagar Gas, Credence Family Office and Auto Hangar. The company has 178 employees as of April 02, 2024. 3evi operates in a competitive market with competitors including TI Clean Mobility, ETO Motors, Montra Electric, GMW and Atul Greentech, among others.
- Headquarter Bengaluru, India
- Employees 178 as on 02 Apr, 2024
- Founders Suman K Mishra, Peter Hartmut Voelkner
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name 3Ev Industries Private Limited
- Date of Incorporation 30 Apr, 2019
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$2.37 M (USD)146.93as on Mar 31, 2023
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Net Profit
$-1.83 M (USD)-62.77as on Mar 31, 2023
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EBITDA
$-1.58 M (USD)-74.58as on Mar 31, 2023
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Total Equity Funding
$39.51 M (USD)
in 9 rounds
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Latest Funding Round
$13.46 M (USD), Series A
Nov 26, 2025
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Investors
Mahanagar Gas
& 32 more
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Employee Count
178
as on Apr 02, 2024
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Funding Insights of 3evi
3evi has successfully raised a total of $39.51M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $13.46 million completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series A — $13.5M
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First Round
First Round
(14 Aug 2020)
- Investors Count 33
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2025 | Amount | Series A - 3evi | Valuation | Mahanagar Gas |
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| Mar, 2025 | Amount | Series A - 3evi | Valuation | Bhishma Realty Ltd. | |
| Mar, 2024 | Amount | Series A - 3evi | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 3evi
3evi has secured backing from 33 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Mahanagar Gas, Credence Family Office and Auto Hangar. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital and single family offices investing in multiple sectors
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by the private equity firm.
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Founded Year | Domain | Location | |
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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 3evi
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 3evi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
3Evi Comparisons
Competitors of 3evi
3evi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TI Clean Mobility, ETO Motors, Montra Electric, GMW and Atul Greentech, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Electric three-wheelers are designed, manufactured, and marketed for passenger transport.
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| domain | founded_year | HQ Location |
Online platform offering electric vehicles and fleet management solutions
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| domain | founded_year | HQ Location |
Electric three-wheelers are manufactured by Montra Electric in India.
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| domain | founded_year | HQ Location |
Platform offering electric mobility solutions
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| domain | founded_year | HQ Location |
Electric rickshaws are manufactured and developed by Atul Greentech.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 3evi
When was 3evi founded?
3evi was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is 3evi located?
3evi is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is 3evi a funded company?
3evi is a funded company, having raised a total of $39.51M across 9 funding rounds to date. The company's 1st funding round was a Series A of $6.02M, raised on Aug 14, 2020.
How many employees does 3evi have?
As of Apr 02, 2024, the latest employee count at 3evi is 178.
What is the annual revenue of 3evi?
Annual revenue of 3evi is $2.37M as on Mar 31, 2023.
What does 3evi do?
The company was founded in 2019 in Bengaluru, India, focusing on the electric mobility sector. Three-wheel electric vehicles are designed, developed, manufactured, and operated for cargo and passenger transport. Hyper-local connectivity solutions are offered through a software system for resource management and optimization. Enterprise-grade logistics services address middle- and last-mile delivery needs, while conversion kits are provided to electrify existing internal combustion engine vehicles.
Who are the top competitors of 3evi?
3evi's top competitors include ETO Motors, TI Clean Mobility and Atul Greentech.
Who are 3evi's investors?
3evi has 33 investors. Key investors include Mahanagar Gas, Credence Family Office, Auto Hangar, 4d Vision, and Digital Designs.
What is 3evi's valuation?
The valuation of 3evi is $46.21M as of Mar 2025.